Top Crypto Analyst Foresees Potential Bitcoin Surge To This Level Amid Rising Pullback Worries
Posted On December 3, 2024
An influential cryptocurrency analyst expressed hope Monday that despite growing concerns of a strong pullback, Bitcoin (CRYPTO: BTC) might actually surge in the days ahead.
What Happened: Ali Martinez, known for identifying chart patterns and coming up with price predictions, noted how some influencers were anticipating a price decline.
He cited widely-followed analysts Sheldon The Sniper and Tone Vays, who forecast Bitcoin’s dip below $90,000. Vays ruled out the possibility of a $100,000 breach in 2024.
Martinez added that the crowd has reacted to these bearish predictions, with data from on-chain analytics firm Santiment showing a high volume of “BTC pullback” mentions on social media.
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